Imperial College London


Business School

Professor of Financial Economics



t.ramadorai CV




53 Prince's GateSouth Kensington Campus





Tarun Ramadorai is Professor of Financial Economics at Imperial College London. He has a broad range of research interests in the areas of household finance, asset pricing, international finance, and real estate. He is greatly interested in finance and economics issues in emerging markets, with a particular focus on India. He has published on these topics in a number of scholarly journals in finance and economics including the American Economic Review, the Review of Economic Studies, the Journal of Economic Literature, the Journal of Finance, the Journal of Financial Economics, and the Review of Financial Studies.

Tarun currently serves as an Editor of the Review of Financial Studies. He has previously served as an Associate Editor of the Review of Financial Studies and Management Science, and as a council member of the Society of Financial Studies. He is currently a Research Fellow of CEPR, a Senior Academic Fellow of the Asian Bureau of Finance and Economics Research (ABFER), and a Nonresident Senior Fellow at the National Council of Applied Economic Research (NCAER).

He has also served in a range of policy roles in addition to his academic work, including Chairman of the Inter-Regulatory Committee on Household Finance constituted by the Reserve Bank of India, Visiting Scholar at the Economic Advisory Council to the Prime Minister of India, and Economic Adviser to the European Securities and Markets Authority. He is currently on the Norges Bank Investment Management Allocation Advisory Board, and a member of the India-UK Financial Partnership.

Tarun has a BA in Mathematics and Economics from Williams College, an MPhil in Economics from the University of Cambridge, and a PhD in Business Economics from Harvard University. Prior to his role at Imperial, Tarun spent over a decade at the University of Oxford.

For more details about Tarun's work, click here for his personal webpage.



Balasubramaniam V, Campbell JY, Ranish B, et al., 2021, Who Owns What? A Factor Model for Direct Stockholding, Ssrn Electronic Journal

Gomes F, Haliassos M, Ramadorai T, 2021, Household finance, Journal of Economic Literature, Vol:59, ISSN:0022-0515, Pages:919-1000

Ramadorai T, Anagol S, Balasubramaniam V, 2021, Learning from noise: evidence from India’s IPO lotteries, Journal of Financial Economics, Vol:140, ISSN:0304-405X, Pages:965-986

Babina T, Jotikasthira C, Lundblad C, et al., 2021, Heterogeneous taxes and limited risk sharing: evidence from municipal bonds, The Review of Financial Studies, Vol:34, ISSN:0893-9454, Pages:509-568

Badarinza C, Ramadorai T, Shimizu C, 2021, Gravity, counterparties, and foreign investment, Journal of Financial Economics, ISSN:0304-405X

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